News

Agency Lenders Raise Spreads Amid Market Volatility

The multifamily market remains heavily dependent on two GSEs, which could face restructuring after this year’s presidential election.

Yardi Matrix: Multifamily Rents Steady in February

Rent growth for February looks strong despite a 50-basis-point decline from last year’s figure.

Economy Watch: Solid Jobs Report for February

The Bureau of Labor Statistic’s report for February revealed a month of strong job growth, along with revised numbers for the previous two months.

Yardi Matrix: High Demand in the OC

Orange County’s expensive single-family housing, coupled with the region’s gains in employment will continue to boost demand for multifamily development and support rent growth.

Whiskey Row Tempe

Riot Hospitality Continues Partnership with LGE Design Build

The company has been involved with all three Whiskey Row locations in the Phoenix metro.

Sports Authority Westbury, NY

Sports Authority Locations Hit the Market as Company Files for Bankruptcy

After receiving court approval, Sports Authority is already working with A&G Realty Partners on managing the sale of 87 leases nationwide.

Cupertino City Center

Northmarq Completes Refi of Cupertino Office Asset

Northmarq worked with Allianz to provide the $148 million refinance.

Drexel and Brandywine Team Up on $3.5B Project in Philadelphia

Drexel University teamed up with Brandywine Realty Trust to develop a 14-acre master planned community in Philadelphia over the next two decades.

Origin, Randolph Street Double Their Investment on Chicago M-F Deal

A joint venture between Origin Investments and Randolph Street Realty Capital sold a 73-unit apartment building in Chicago for more than double the acquisition price.

AmTrust Entitled to Enter New Territory

AmTrust Financial Services plans to enter a new line of business with the launch of its commercial title insurance platform.